How Can Successor Trustees Get PAID?

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Did you know that the trustees who serve after you in your Living Trust can be paid with trust money? Trustees are often entitled to compensation!
👉 Book a Call at www.cunningham... for trust administration, help with a living trust, or estate planning.
Trustees are often entitled to a "reasonable amount" of compensation- but, how much IS that? Trustees can be paid a percentage of assets or paid based on the time and effort that they put into managing the trust, which can vary greatly with the complexity of the trust. Join us for this informative webinar on trustee fees and learn how much is too much... and avoid the uncertainty that can arise when trying to determine a "reasonable amount" of compensation. Not to be missed by people planning their estates… or Successor Trustees!
👉 Book a Call at www.cunningham... to learn how to make a living trust, avoid California estate tax, and talk to a family trust lawyer.
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CONTACT us at www.cunningham... to discuss estate planning, keeping your last will or living trust up to date, and find out about upcoming California estate planning events. Offices throughout California.
WEBSITE: www.Cunningham... for California Estate Planning information
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PHONE: 1-866-988-3956 for a consultation on a California Living Trust!
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Опубликовано:

29 сен 2024

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Комментарии : 9

@mikekorn6968 Год назад

I'm subscribed. I work in Auburn. I'm successor trustee for my mom/dad Living Revocable Trust dated 2018. Trust was created in Tx by Greening Law firm. Parents live in Oregon. They are 87 & 92 respectively. My 3 other brothers & I are equal beneficiaries. How possible will it be for me to settle this trust? Thank you for all your video information

@CunninghamLegal Год назад

We can represent you as Trustee. In addition, on an as-needed basis, we can associate legal counsel in Texas and/or Oregon on an as-needed basis. We have relationships with Oregon and Texas lawyers that can make it a smooth process. Contact us here when it comes time to settle the trust: www.cunninghamlegal.com/california-law-offices/contact/

@jackiemansfield8325 2 месяца назад

My house and money in the account will go 100% to an Animal charity. Could I just named the Animal charity as a beneficiary without any executor?

@CunninghamLegal 2 месяца назад

"Could you?" is a different question than "Should you?". For accounts, theoretically yes. For real estate, this is state specific. Assuming you were in California, you could use a revocable transfer on death deed. However, this has significant downsides that we discuss in other videos (property tax reassessment, subject to creditor claims, disputes, and complexity with joint ownership, to name a few). Again, it’s a question of “should.” This is the value that a savvy estate planning lawyer can bring to your matter.

@victoriapurvis3402 13 дней назад

Ty for the videos

@michellebooth-z8z Месяц назад

i had a executor steal a lot of money. How do i find out who carries a bond for covering all losses.

@CunninghamLegal Месяц назад

That is very disappointing to have an executor steal money. That is the purpose of a bond. The bond is typically filed with the court. This should be available to the public - including you. You might be able to access this online or may have to go to the courthouse. It depends on which court and what their process is.

@Annabellexo-l6n 10 месяцев назад

Before watching this, I thought central banking was the biggest scam in the world. But now I'm thinking it's the probate courts settling debts with creditors. 3/4 of the debts purchased by creditors were acquired unlawfully. It is up to people to assert their rights to be provided with proof of the original debt. They rarely can, and the court will not require it if people do not personally ask for it.